HomeMy WebLinkAboutPEC17-0046_SV - 501 N Frontage Road 8.18.08 Title Policy_1508162504.pdf Land Title Guarantee Company
Date: August 18, 2008
titlepolicy@alpinebank.corn
ALPINE BANK
400 7TH STREET S
RIFLE CO 81650
Re: Your Ref. Number 4450338201
Enclosed please find your Land Title Guarantee Company loan policy insuring the property at
501 N. FRONTAGE ROAD W., VAIL, CO 81657 -PARCEL 1 AND 2014 W. GORE
and owned by SONNENALP PROPERTIES, INC., A COLORADO CORPORATION AS TO PARCELS 1-3,
AND
The following endorsements are included in this policy:
Please review this policy in its entirety. In the event that you find any discrepancy, or if you have any questions
or comments regarding your policy, you may contact Title Department
Phone: 970-476-2251 Fax: 970-476-4732
Please refer to our Order No. VTF50022708 .
We at Land Title Guarantee Company believe in delivering quality products that meet your needs, and our goal is to provide
the most efficient, reliable service in the industry. Thank you for giving us the opportunity to serve you!
Sincerely,
Land Title Guarantee Company
American Land Ti tl e Associ ati on
LOAN POLICY
(06-17-06)
CHICAGO TITLE INSURANCE COMPANY
ANY NOFICECFCLAM AI'DAM'C31HER ncECRSTATEMENT INWRl1NGR3UFEDTOBE4M31TOTFEO:TrPPM'lf\I 2THSFOJCYMI ST BEC3'ITOTI-ECOvRAM'
AT TI-EA Si-DAN INI I CN 17 CF TI-E O 11 CNS
OC)JERED RSKS
gRII TTOTI-EEXCLIHCNSFR2M ClaERACE TI-EDCCEPf1CNSFFM Q:NTAJNED IN S3132UEBAND11-EO:NDT1CNS CHC GOTTLEIN LRA CE
CCTvPAM;a Mer v!eapordien(the"Orr}>3ry') d ate Ftlicy ad to theedet Stated in Oavere l Rsks 11,14 and 14,after meted Fdicy,against loss
cr darra rxt ecoeecing theArr a t d Irarara sustaned cr irnrrei by the I nixed by reason cf:
1. Title being vested ether than a;stdedinSdnecJleA
2. Any defedincrHerter ena rbrance cn the tit Id 11-is coveredRskindudesbutisrxtlinitedtoiraranoeagairstlessfrcm
(a)Adefei in the Title ca_sed by
(i)fcrgery,fraad,uTLeirflueica dress,irwrpr3ancy,inn aadty,cr irrpxTaaAlen;
(i)falLre d any pear cr Entity to have athcr a9d a tra tier a mn✓Eyaroq
(ii)adoarrent dfedingTitle nd properly crated,ecea.ted,witnessed,seeded,a`kroMedged,rxtaia9d,crddivereck
(v)fdlcretopafamthcseacts necessary tocradeadoarre t bydedra-icnmuaathaiaedbylay;
(v)a dxunat eceated under afdsified,egired,cr dherwi%irxdid paver d dtcmey;
(vi)a doormat rd properly filed,rexrcHd,a ird®ced in the Rd is Faxrds inducing falcre to pafamthcse acts by eledreric mens athcriad by lav;cr
(vii)a defe3ivejuddd cr achiristrdive preceedrg.
(b)Thelien dreal estdetaxescr isimposedcn the Title byagoverretdathcritydue crpayablebut unpaid
(c)Anyaraces#rrat,enarrtra aviddicn,vaidicn,cradversedrarraaioedfedirgtheTitlethatworldbedsdcsedbyanaoardeanimlldetedarnsaucydthe
Lad The term"errcadment"includes eracachmerts d existing irrproverrerts!ceded cn the Lard cnto ci ni ng land,ad en:roach-rents crto the Lard d existing
irrpro errets located cn acid ring lad
3.UimrketableTitle
4.Na rift d access to ani frcmthe Lail
5.TheviddimcrefcroanatCfarylav,crdrenc+epetit,crgwarrretdregidicn(ndudngthoeerddingtobeildngaxlaning)restriding,re ldirxg prdibting,crrddingto
(a)the ccoxen y,use cr ejgn7at d the Lank
(b)the character,dme errs,a locdim d any ink roaanat erected cn the Lank
(c)thesrbdvisicnd lack cr
(d)envirairetd prdedim
if a rxtica oiling any at d the Lail,is retarded in the Rblic Reccrct setting forth the viddicn cr irtertien to e fcrce,but any to the extent d the viddim cr
efcreerret referral to in that rxtice
6.An erfcrcernent acticn basal cn the ecerdd a govemmentd pdice poNer rd covered by layered Rsk 5 if a reticecf the erfcrcerrert acticn,describinganypertdthe
Lad isreocrdedinthe RblicReccr ls,but aiytotheedet d the erfcrcernent referred tointhd notice
7.The wad sedthe rig-its derirretduanifarxticedthe wad describing ary pert d the Lad is recorded in the RblicFdsocret.
8.Any taking by a gosanrrentd body that has rrn rred ad is tincI g on the rights d a iirchaser fcr vdiewitha.t KroMedge
9.The irrvdidty cr uiatcreeab lity d the lien d the bared Mortgage rpm the Title This Covered Rsk'mimes lit is rd limited to insurance ageirst less frcmany d the
fdlavirxg in-paring the lien d the bared Mortgage
(a)fcrgery,frau urleirfluence,dress,irwrpttexj,irxapaity,cr in r.rdSU dial
(b)fdr.red any Paan cr Entity to have athoriad atrasfer cr ccrveya c
(c)the lrsrxedMctgarg rxt being prepelycrated,ecea.ted,witnessed,sacked,a`kroMedged,rxtaia9d,crddivereck
(d)fdluetopefamthoeeacts rr dy to creeteadxxnatbydedraicmarsathaiadbylav;
(e)a dxuret eceated under afdsified,eclred,cr dhawi%irxdid paver d dtariey;
(f)a dxtnat rd properly filed,retarded,cr irxlaced in the Relic FdsCcrds irxludng falu-e to pefamthose ads by dedrale mars athaiad by lav;cr
(g)adefect i ejuidd cra_hiristrdivepreoeedrg
10.-Meld*d priority ef the lien d the bared Mortgage r pm the Title over any ether Ilan cr er�nira-re
11.The laic d priority d the lien d the bared Mortgage rpm the Title
(a)assearityfcreadhanieveryaiatedpreoesdsdtheIcensearedbythebaredMortgageoveranystdutaylienfcrsevices,labor-,crn eidaisirxg
frcmccnstrudim d an inprovaret cr work reeled to the Lad when the inpreve et cr work is ether
()oontrated fcrcrco-mated oncrbefcreLT#edFblicy;cr
(i)ccrtradelfcr,m iaca,crcrtinLediterR#ed Ftlicyifthe corstn.dienisfirenced,in whole cr in pert,by proceeddthe loan seared bythe
bared Mrtgagethat the Irarel Inas advancedcr isobligated cn Cbted Fblicytoad/am ad
(b)OVer the lien d any cku.bui tits fa street impronare is under c rdrudien cr mlldeted d Rte d Ftlicy.
12.The inrakidty cr uafa-ee loility d any assigirat d the Irarei Mc tgam presided the assgnrre t is shave in SdneckleA cr the fd red the assigirtat shave in
Sdned.ieAtovest titletothe lrared Mrtgage in the rsmd lrsrred a signeefreea d deer d d!lien
CH CA.07T1 TIE I OOvPAM'
Issued thrargn the Cffice d:
LAnD11TLEGLARANT1£CCMFANY
108 S FECNTACERD W##203
VAL,CO81657
970476-2251 ((?n,./
U y
Prthcri�dSgrdu-e
\**/ Ute/
ALO--I.06(ALTA06-17-06)03/61"Page 1 d 5
13.The invalidty,Lrrerfcrosedlity,lack cf platy,cr aveidanoe d the liar cf the bared Mortgage ppm the Title
(a)rea.lting franthe avdclanoe in wide cr in pert,cr frcna cart crater proddng an aterretive remedy,d ay trasfer d all cr arj pat d the titleto cr ary interest in the
Lad rrn rring prior to thetrasatim creetirg the lien cf the bared Mc tgac tura FE.that prig-trader oartituted afraxllet cr preferential transfer under federal
bafvuptcy,state insolvency,cr anile credtcr rigts lays;cr
(b)horn rt.theIna.redMortgage cc itutesap-eferetiatrasferunderfedadberta>_ptcy,stateirsdvexy,crsrrilacredtas'rigtslaysbyreesancfthefalurecr
its rexrdrg in the Relic Ftaxrds
(i)tobefirmly,cr
(i)toirrpitnotice cf its edstenoetoap.rdraserfcrvduecrtoajud rentcrliencredtcr.
14.AN deiced in cr lien cr enantra ce an the Title cr dhs nater irduded in Cowered Rsks 1 thragi 13 that Inas been cried cr attached cr has been filed cr recorded in the
RtlicReccrclalosed_et toate cf Fa icy ad pier tothe reaxdngcf the IraredMatga in the RdicFeeads.
it Ocrrpery will dso pay tl-e costs, tcrney fees,axl erpenses inan-ecl in defense cf a-y rrEtteriraredagairstbrthisFtiicy,butalytotheetetp-ovidedintheOcndtians
D(CLUSI CNS F /1 OU/RAG=
11-e fd loAri ng rrEttersaeacresayecdudedfranthecoea d this pd icy,ad the Oxrpery will not pay loss cr dErrage,ccsts,dtcrna, fees,cregcesesthat
arise by rearm cf:
1.(a)Pry lay,crdrare pewit,cr gxven,rstd reg.idirn(inducing those rdding to dildng ad aring)restricting,ret.Jating,p-dltltirg cr relating to
()the mapancy,use creicyret dthe tad
(i)the chaader,dnenaau,crIecdiand ayinp-overet erededcnthe Lard
(ii)threabdviacn cf lad cr
(iv)enArannetal prdediat
cr the effect cf ary vidaticn d these lays,crdrat,cr gonerrretal regJatians.This Exduern 1(a)does rxt rrcdfy cr lint the coverage provided under
(livered Rsk 5.
(b)Fry govemetd pdiee power.This Excl urian 1(b)dces at mx fy a I mit the coverage prodded arrear-(livered Rsk 6.
2.Rgts d eiins t dmnain This Exdueen does rxt mxify cr lint the ooveragv provided Linda-Cased Rsk 7 cr 8.
3.Defects,lie-s,enarrtrat,adresedarrs,cr dher nates
(a)crested,suffered,asarred,crageedtobythe baredOanat;
(b)rd Krroyn to the CnrpEry,n t reccrcled in the Rblic Reccrce at ate of Ftdicy,but Wnomn to the blared Odnat and not dsdcsed in writing to the
(3xrpery by the Insured Clanrrt pier to thredtethe Irsrred(]anent becareai Irared urxler this pdicy;
(c)realt'rg in ro Tess cr cerragv to the bared Clanat;
(d)dtaching cr credal ateedent to ate d Rdicy(hoverer,this dces not mxIfy cr lirrit the coverage provided urate-CausedRsk 11,13cr14);cr
(e)realt'rg in lass cr darragethd warld rd have been sustained if the Iraxed Oanart had paid valuefcr the bared Matgage
4.UnerfcroeEtilitydthe lien dthe IrareclMatgegetrra FE.dthe inabilitycrfaliredan!mixed toconplywith applicabledar rnesslaysdtiestdewherethe
Lad is ataded
5.Irrwdidtycrurerfcroeeldlityinwhole crinpert dthe lien dthe baredMortgage that aisesat dthetrasactianevidenced Icy the IraredMatga and is wedupm
Lary cr ary rearm credt prctedicn cr trUh- exirrg lay.
6.Pry darnbyreascndthe cperatiandfederdI:aio tcy,stateirsdvency,crsinilacredtas rights lays,thatthe trasadiancredirgthe lien dthe lrareI
Mortgage is
(a)afraxlle-t eonveyaxecrfrar►lent trasfer,cr
(b)a preferential transfer fcr a y reasm rxt stated in Dowsed Rsk 13(b)d this policy.
7.Pry lien cnthe Titlefcrred estatetaxescr irt ts irrpcsed paten-ma-id athctity axl creeted cr AtachingbetweenE edFairyadthedatedreocrdngd
the IraredFvbt cintheRidisRoadsdsThisExdueandoesrxtnndfycrlimitthemusar provided urate-Dowered Rsk 11(b).
CCNDII1 CNS
1.DER NI11CN CFTERMS
ThefdloMrrg terra when used in this policy neerx
(a)"Am:Lnt d Irararod':The arnirt stated in SdredleA as nay be increased a dewed by endaserret to this policy,increased by Sedicn 8(0)cr
deemed by Sedicn 10 d theee Dtrdtiau.
(b)"Cheat Fairy':The datedesigrdedas"Detect Fairy inSchedleA
(c)°Entity':Acirxrriant partnership trust,Iinited Iiakility may,a-dher sinila legal etity.
(cf)"Irrl=btedna ':The dcligatienseared bytheIraredMatgac incl udrrganeevidenced byelect raicneereaathaizedbylav,ad if that cfhigaticnis
the perynet d a deft,the Irxl=btechess is the sand
(i)the arlout d tie pirxipel dsixxsed as d ate cf Faicy;
(i)the arurt d the pirripel daxrsed abesc et to Reed Fdicy;
(ii)the eanstrudicnleenadraossnachateecpenttoate dRlicyfcr the purpaaedfire-orrginwhdecrinpat the eautnacticndaninprove etto
the Lad crrelatedtothe Lexith thebravedwasadcatin_edtobecdigatedtoadvancedDetectFdicyaddthedtedthreadva-cd
(v)interest m the Iced;
(v)the depeyrret pre naris,eat fees,and dha sinila fees cr penalties cloyed by lay;
(vi)thea acesdfcredosureadcrydherecstsdetcicaT t;
(vii)the araxts advax ed to asst re cairn iaxrewith laws a to prated the lien cr the piaity d the lien d the Insured MatgsT bdcre the axp sition
d the estdecr interest in the Titlq
(viii)the arrxrts to pey taxes a d irararoe ad
(x)therea aldearartsepenedtoprevetddeicrdicndinproerets;littheIrrdettednessisredxedbythetdddallpap-r tsadbyay
amort fcrgven by at Irared
(e)"bared':The bared named in SdnedleA
ALO-1.06.2 (liver Page d 5
(i)The term"Inand'asoindudes
(A the awEr cf the irnisttedness and each a oosso-in avnaslip d the Irrdekte hEss,whsther theam-Er cr successor owns Indettechsss
fcr its ohm axart d as a trustee cr dna fiduciary,aced a suoeesaer who is an Wigg under the provisos d Se tier 12(c)d
these()ondtials;
(B)thepasmcrEntitywhohEs'cotrd"dthe"trasferaiereocrd"iftheIrcldctech sisEvidanerdbya"trasferaiereto"d"a;theseterrsere
drat inedbya dicable(Bled raictrdcdticnslaw;
(G)ac stoat Irsued by dssdutian,Ii ,cc sdidatian,dstrib1ian,cr recrgoizatiar;
(D)succEsstrs to an Insued by its emsasim to axcther kind d Entity,
(E)agatesdanInuredunderadaddeliveredwithatpaynnatdactual\rambleomsderaimccn yingtheTitle
(1)if thestcck,shares, cr dh sr e ity interests cf thegateeaewholly awed by the reared Irsrred,
(2)if thegateewhdly avnsthe manna Irsrred,a-
(3)if theTa-tee iswhrdly-avratbyanaffiliaedEntitydthe re-red!nand provided theafiliaedEntityand thsrerrel Ilaredere
both wholly-awned by the sure prim cr Entity,
(F)anygoserrret dgriuya'irstruretaitythat isaiirare-crg E atcrandsaniraranoecrtrat a-gaatyirsuirga-gaatesingthe
IrtcsctEchas seared by the Inared Motgage a any at cf it,whether nam l as admixed a-rd;
(i)Wth regard to(A),(B),(Cl,p,and(E)rased rg,haveve-,al rights at defenses as to any suotessa-that t he Oarpery wand hate hal against
any prEdeoessor Ir erred,mess thesueeesser amp red the Irtcratechess as a porch ser fcr vauewit hat W»Mekge d theasetel defed,Tien,
err art rd Le,cr cher Irate-insrred against by this policy.
(f)"!natal Claimant":Ian Irsrred darning less cr darag�
(g)"Irsr.red Motgage:TheMotgarzdescribed in perag-aph4 d&hadaA
(h)"KrnoMedgd'cr"Known":Actual k%Maige,rd ccstrrxiive krnMage cr notice that nay be imputed to an Irscred by reason d the Rblic Fdsccrds cr any
dherreccrdsthat irrprt ccstrudivenotice d matters afedingthe Title
()"Lad:The lad desaibedinSdneckleAaxiaffixedirrprateretsthat bylaw cu ituterealprcpaty.Thetem"Lartd'ccsrtdindudeanyprcpatyteicnd
thelines d the amdescribed in&hackleA res aryrigt,title,interest,estae crEra eret inaattirgstreets,rte,amass,slays,Id 1±.,ways,
cr waaways,lout this does art mxify cr lint the eget that a rigt d access to andfranthe Lail is irsued by this policy.
()"Motgagel':Motgadsed d that,trust deed,a-dha secuity irstnunent,inducing ane Evidanoed by elect raic meas authorized by law.
(k)"Rtolic FiecCrds'':Fisccrds estadished uxler stere staute;as ate d Rdicy fa-the pupcse d ting emstnadive rrtiee d rraters relaing to red p-cpsty
toperd>rsersfcr valueaxlwithal KnmMedga Wthrespect to layered Fisk 5(d),"RblicRsccrcb"shell asp includeervirmrreta prdeiicnsliars
filed in the reads d the derk d the Lilted Saes Astrid Cart for the dstrid where t he Lail is larded
(I)"Title:Theestae cr interest described in aha leA
(rrrUrrdketaieTitld':Taleafetedbyanales daapperatmiterthatworldparritaprospectiveperdrsercrlesseedtheTtlecrlendermtheTiitlecra
prespediveprdrasadthe!mired Motgagetobereedfrcmtheobi igatimto!archaise lease,a-lend if these is aant ra#LEI eoritimre}iring the del ivey
d rtakaadetitle
2.00M1NUA11CN CF NSURANCE
The caeag=d tris policy shall oo tirue in force a;d ate d Policy in fa cr d an Irsued Ater art.etim d the Title by an I oared cr after ean,Eya re by ah Inas-Ed,
btaiysolangastheInsuedretarsatestaecrinterestintheLard,crhdcbandiigatimsearedbyaperchserruEyMotgarg Oven by aperchsafranthe
Irsr.red,a-aiy so lung as the barred shall have liaility by reason d ward-ties in airy tralsfer cr ccrwwanoed theTrtle This policy shall rat cr tirne in face in
far d any prdraser frcmthe Insued d ether()an estae cr interest in the Lard cr(Om ddigatim seared by a prdraue rtrney Mortgage gveh to the Irsued
3.NOT10E CF CLAI M TOSE GVEN BY I NSUFED CLAIMANT
The Irsued shall notify the Ornrperry prcrrptly in writing()in coed any litigtim asset fcrth in Section 5(a)d these(bntdticrs,(i)in ease Wntvledgr shall ccreto
an!mired cfanydamdtitle crinterest that isad rsetotheTitlecrtheliendthebarredMortgage,asirsr.red,andthatnigtcaseIcsscrdarr> fcrwhidrthte
arrpery may bs liable ty virtLed ths policy,a-(iii)if the Title cr the lien cf blared Mcrtgacft irsr.red,is rejected asUrrankaaieTitle Ifthe wryis
prrjudosd by thefalued the Insued Oantat to provide parpt notice,the Clap nys Iiaility tothe IrsuEd carnal urla the policy shall be reckced tothe
erten d the prqudce.
4.PRCCF CF LOBS
In the Evet the Onrrperry is utalieto deterrinethe atwt d Icss cr cartage the()army rray,a its gdian,reaireas a corritim d peryrnest the the Insued
(lamest finish a signed prod d lass.The proof d IcsHist describethe deed,lien,enarrbrdre,a-dhanateriraredagainst by this policy that ccnsitriEsthe
Ips d loss cr dErrage ad shall stere to the Extent possible,the Ions d csla Laing the ara.rtt d the loss cr damage
5.DEFENSE AND PFCSEQJT1CN CFACT1CNS
(a)Llin written req.Est by the!nal-Ed,at ailed to the ad icns ccntainsd in Ssdicn 7 d thsse Oonolticns,theOarpary,aitsOM1ccstandwithat
u-reascrehedelay,shallprovidefcrthedefeuedanirsuedinIitigatiminwridhanythirdpartyasstsadameaeredbythispolicyad setothe
Insued Tis diigtim is!intact to aiy those steed cases d axion alegrg mates i raced against by this policy.The Carperry shall ha ethe rigt to
select cared d its choice(abject to the right d the I flared to deject fa-resmable case)to represent the Irsued as to those steed cases cf action
It shall rd beliadefcradwill rd peythefsesd arydhercarat TeCcrr}harrywill rd pay aryfess,clods,creNCauesirrurEdbythe Irauedinthe
ck#e>sed those cases d adicn that Glee rnaters rd'nasal against by this policy.
(b)Ths O ni a y shall have the right,in aditim to the gtia>,s cc tuned in Ssctim 7 d theseOcndticns,a its owl cost,to instituteand pceeateary atm a
prepayingcrtocbanydhaact that inits gdrimnayberr tidycrdeireaietoestadishtheTitlecrtheliendtheIrsuedMortgage,a;iraredcr
to prevent cr recite Icss cr damage to the hared Ream:any rray tde mos:pride acticn ute-theterrsdthispolicy,whahercrrdisshallbelime
to the bared The Exercise d these rights shall rd be an achissm d liaility cr wave-d any p-orism d the policy.If the Ocnpa-y exerdses its rigts
utEr this aimed icn,it must tocbdligertly.
(c)Wherever the Ocrpe ry brings an axion a assets a&Erse as re}iced cr parritted by this policy,the Canpe ry may persue the litigtim to a final
claterrirdim by acart d anrpaet juisddiah,at it egoressy reserve the right,in its ale toappeal any adtasejuigret cr crda.
PLO-1.06.3 Odver Page cf 5
6.DUTY CF I NSURED CLAIMANT TO C CPBZATE
(a)In dl cases where this pdicyparritsarecdrestheOntoproeeatecrprovide fcr the defeeeofayadimap-ooeecirgand anyappals,the Irared
shall acre to the Cagy the rigt to so prcesa to cr provide defense in the action cr prooeedng,inducing the rigs to use,d its opticn,the la re cf the
Irs_red fcr this arpcee Menver reaested by the Ocnpary,the lrared,d the arrperry s agcerse,shallgvetheOnrrperyaIreasr ead()in
searing eidaie cbtarirgwitresses,presectirg cr defend rg the action cr prooeedng,a dfetirg settlerat,aid(i)in ay dher IaNfU ad that in the
cpricn cf t he Oarpery rray be rae.xtycrdesirabletoestablishtheTiitletheliendthebaredMcrtgerp a-anydheralterasirared If the Carpeyis
prejudiced by t he failLre cf the!flared to fLrrish the recdred caperdicn,the Oc npanysWigatiastothebareduncia-thepdicyshall terminate,inducing
ay liability a-ddigatim to defend,p-cseate a ocrtirrae ay litigation,with regard to the mattes a-alters recpmng suds cccperdicn
(b)lha anparyrrayreascretlyradretheIraredOarrattoatnittoexamidimunderoathbyayaathcizsdr resatdivedtheOcrrpa-yartto
prcdaoefcrexarrinaticn,irspetiar,anic pyirg such reascrede firms ad places as rray be desigsted by the athaized representaived t Ocrrpery,
d re rcb,in whatever rraiurrrartaned,inducingbooks,ledges,desks,irrdruaxla,arrespcndance,reports,emails,dsks,tapes axividecswhether
baring a date beforeadta:de d Rlicy,that reascrnablypertain totheIcsscrdarrage Hither,if re ssteibyayaatYirizsdregesantdivecfthe
Onrrpery,the Irared Oarnart shall gat its perrrisaa4 in writing fcr any aathcrizsd rep-ese tdive d the Crnpany to exarine irspet,ani copy d cf
the readsinthe custody aoatrdcfathird pert ythat r ypetdntothelassadaragaPllirfcrn imdesigrdelasccrficietialbythebared
Clairrart provided to the arrpery araent to t his Sect icn shall rrt be cisdosed to dhsrs Lriesss in the reascreblejuigrent d the Ocrrpary,it 1st ty in
theacirinistrdion d thedam Failr.red the Irared aarrat to atrrit fcr exarination anter can,pred.r_eay reascnably requested irfcrrrdicrn,a-gat
parissicn to selre reascrnably r retia y irfarrdicn frcmthird patios a;recd red in this ateediai,mess p c notal by I aN a-g ye rrre tel regJdian,
shall terrinateay liability d the oarary under this pd icy a;to that dam
7.CPTICNSTOPAY CR011 C\M SE SETTLE CLAIMS;T8 INATIONCFUABIUTY
In cased addmuncierthis pdicy,the OnTeryshall have thefdlavingadCiticr alias
(a)To Pay a-Tenter Payrret cf thePnunt d Irara ce cr to Rrd>:sethe!mitt
()To pay cr tender pay-rat d theAnnrt d Irararce anter this pd icy tcgether with ay costs,dtaneys fees,ani ega>;ed inarrel by the
Inared OdrrErt that were athcrizsd by the arrpeny Lp to the ti rre cf payrrent cr terrier dparyrrert ad that the Ocrrperry is(bided to pay,a
(i)To archase t he Inclettechessfcrthesmut dthe Irrttehessonthe date d prd>rsa together with anycosts,dtaney5 fees,ad expanses
haired bythe Iraredaarrartthat were athorizedbytheOn rryr.ptothetirredprd>rseadthatt1-eam:enyisobligatedtoley.
WnantheCarpeyarchaises the Inclebtechess,the!nand shall butler,amign,ad annoy tothe aarparythe Irr romans at the bared
Mortgage,togsther with ay odldaa searity.
licenthe exadsebythe On nydetherdthegxiasproddedfainalcseticrs(a)()a(i),all!laity adddigaticrsdthe Carpenytothe Irared
anter this pdicy,dherthan tonrEkethepayrret recdredinthoseatelias,shall terrinate,inducingayIutilitycrddigatimtodefend,pres ite,a
artirue ay litigatia
(b)To Pay a-Cherwise Sdtle Wth Patios Cher Than the bared cr Wth the 1r/sued Odrrat.
()to lei'a dhawisesettlewith dher parties fcr cr in the rarer d an Irared adrrart ay damirared agsirst under this pdicy.In adciticn,the
aarrperywill pay aycosts,dtcrr?ysfees,ade ensesirnarredbytheIraredOanrEntthatwereathn ibytheOarrperyr.ptothetirred
jmretailthat the Ocrr rryisWigatedtopay;a
(i)to pay adherwisesettle with the!flared Oarrat the Icss adamage proidedfcr under this pdicy,tocget her with aycosts,dtaneys fees,aid
exposesiriuredbytheIraredaarratthatwereaathirizsdbytheaarparyr.ptothnetin cfpayrratandthattheOrrperyisddigatedtopay.
lIxnthe exadsecftheCanperydeither dthegatiasproidedfcr inal:sedias(b)(i)cr 0),t he Oarpert,/s cdigsticnstothebaredunderthis
pdicy fcr the dermad lass a darfge,dher than the payments repired to be mere,shall terrrirrde inducing ay liability a dWigatien to defend,pceeAte,a
artirue ay litigdia
8.DETERMI NATI CN AND DCTB J T CF U ABI IJ TY
This pdicy is a cc ntract d it ter r r ity against actual nu day Icss cr darragesustarsd a-inarred by the bared aarnart who h s suffered Icss cr danrge by
ream d altos maned against by this pdicy.
(a)Tnealert d liability d the Crrpany fa lass a darragv anter this pdicy shall rd exceed the Teat d
()the Arrant d Iraraia
(i)the Intkttechese
(ii)thedfferenoe between the valte d the Tiitleas irared ani the vdued theTiitle aided to the risk irared agairst by this pdicy,a
(v)if a goverrre nt agency a-irstrirrentdity is the 1r/sued Oarnant,thearurt it paid in theaxpisition d the Tiitlea the Irared Mcrtgage in satisfaiim d
its irararoec trad agaaty.
(b)If the arrperyprassits rights underSedim5dtl- OcncitiasandisuarxasfUinestaiishingthneTitleatheliencftheIraredMortgage,asirare,
()the Arrant d!maxim shall be increased by 10°/q ad
(i)the baredaarrat shall havetherigttohavetheIcss adam dearrinedeither asdthe datethedamwasaeratebythe hared aarrant
aasdthedate it is settled at paid
(c)In the evert the Iraredhas axpiredthe Title inthe rrErra-described inSediar2dthese Oriitiascr has ean✓eyedthe Tiitle then theedet d
liability d the Onrpery shall cctirueas set forth in Sedim 8(a)d these a n itias.
(d)Inaddtientothe ad t d liabilityunder(a),(b),ad(c),the Oc rparrywill dsppey thisecosts,dtcrre4 fees,ad eqcensesiriuredinaxirda cewith
Salus 5 ai17 d these Orndticra
9.UMITATICNCFIJABI UTY
(a)If the arrperyestablisher;the Tale are cives the dlegscl defed,lien,a-mantra Le,aares the lad<darigtdaccess toafrcmtheLand,aares the damd
Urreri<etableTitle,a-establishes the Iien d the bared Mortgage all a;hare(in a reascrnably agert merrier by ay method,iriiudng litigation and thneoanhieticn
d ay appals,it shall havefUly paficrmed its ddigatiaswith respet to that n>3tter ad shall rd be liablefa ay lass a damage cased to the bared
(b)In the event dayIitigation,irducirglitigationbytheOar rTyawiththneCarpatysccrset,theOnrrperyshellhaveroIiabilityfaIcssadarac, utilthere
has been a finddeterninaticnbyacartdoarpetetjuisddian,anidspositicnddIappals,alver to the Title atotheIiendthe IraredMortgage ashared
(c)The Garrpery shall rd be liablefa Icss a darragetothe bared fa liability vdutaily aarred by the Irared in settling ay damn sit without the pia written
estreat d the ar ny.
/LO-I.06.4 awe-Page4 d 5
10.REDUCTI CN CF I NSURANCE i is lCNCRTBRVilNATICNCFUABIUTY
(a)PlI perynmtsunder this plicy,eccEgt peyrrentsnadefcrccsts,dtaneys'fees,ad Expenses,shell rear_ethePrrurt cf Irararebythe a cert dthe payrrat.
I-bNever, ptsnadepicrtotheaogisticndTitleasprovicedinSediai2cftheseOxdtic sshsll rd red.r_ethekiwt cf Irararedfcrded
unci-thispdicyeccgttotheegetthatthepayretsred_roetheIr, iedness.
(b)Thevrdutay satisfa tim a released the hared Mortgage shall terrinete all liability cf the Onnpeny except as provided in Sedim 2 d these ant ias.
11.PAYMBVT CF LOSS
Wen liability ad the edet d Tess a darrge have bean defiritdy fixed in a wth r_ewith these O nitians,the peynet shall be nacb vvithn 30 days.
12.RG-WS CF FEIVERY UPON PAYMBVT CRSEI rLBV1BVf
(a)The Oni a/s Rgt to Hoover
Whenever the OxrpEry shall h ave ssttled and pend a damuter the pdicy,it shall beakrosted and etitled tothe rigts d the!nand Oanat in the Title cr hared
Mortgage ad d cher rigtsand reTedes in reaped tothedamthat the Irared Oanat has against ay plasm cr pgoety,totheedet cf thearaxt d any Icss,costs,
dtaneys fees,ad a:ca ses paid by the angary.If rapssted by the Oxrpe y,the Irared Oarrat shall eceatedoarretsto evidanoethetra der to the Oxrpery d
theserigtsandreredes.TheIraredOaratshellparrittheOxrpenytosue,omprcrrisE aseftleinthe traredthe hared Oanetautouse the ruredthe Irared
Clair-rat in any trasadim a-litigation implying the a rigts and rerecfes.
If a paynet ai aooart d a damdoes rid fUly caEr the Icss d the Irared Oanat,the Ocrrpany shall defer the exercised its rigt to recover-util dter the bared
Darrel shall have recovered its Icss.
(b)The Imired s Rats aid Lirritdicns
()Theonmadthe Irc tech s rray releaseaatstitutethepascralliabilitydanyciddaagaatcr,edendadhawisenedfytheterrydpaynet,releases
patimdthe Tiitlefrcmthelien dthe!nasal Mortemarelease aryolI a lseaxityfcrtheInddtteches,ifitdoesnildfettheefcroatilitycrpiaitydthe
lien d the bared Mc tgage
(i)If the I rayed ecerdses a riot proridsd in(b)(i),but has Km1edge d any ddmadverse to the Title cr the lien d the bared Mortgage irared against by this pdicy,
theOxrparyshall be wired topeyanythat pat danylossesiraredagainst by this pdicy thst shall eceeedthe anurt,if ary,Zest totheOxrperybyreas ndtheinpaimnat
by the IraredOanatdthe O:n /srigsdsixogdicn
(c)TheOanperrj/sRgtsAgainst ntniraredOdigrs
TheOanperrysriot d atrcgsticnincludestheIraredsrigtsagairrst nen-iraxedWigasirtdudngthe rig-its dthe Iraredtolaid nsties,gaatiea
dhe-pdides d irara Le,a-bad,rxtwithstancing any terry a ccn itians eatared in throw irstrurats that adde s atrogdian rials
11-e arrperrys rig-t d atrcgsticnshallnotbeavddedbyaoq..istiendtheIraredMctgagebyaictligr(acceptaiddigxdascribedinSedian1(e)(XF)dtheseOandtias)
who aoq.iresthe bared Mortgage w a malt d al it drill ity,gaantee,dhe-pdicy d iraranoa a bail,and thedligsr will at bean Irared mold-this pdicy.
13.AFBITPATICN
Ether the Oxrperyathe Ihared naylobedthetthe damaeantro syshallbeatrrittedtoarbitrdiaipxsuerttotheTiitleIraranoePrtitrdicnRJesdthe
Prreicai Land TitlePssoddicn("Ries").Erogt praAci d in the Ries,the-eshslI be rojdnder a easdiddien with dans a eantrovases d cher peva s.
Prbitrablenatesrrayinclude,but ere nil tintedto,anyeantraersyadam befweenthe OaTpaiyand the Iraredailingat d areldingtothis pdicy,ay
service in canedim with its issuance a the breach d a pdicy proviscn,a to any dh sr eatroresy a dam arising at d thetrasad icn giving rise to this pdicy.Pll
arbitrable ndtes when the Paint d Iraranoe is$2,000,000 a less shall be atitrded d the gotim d the the Oxrpery a the I cared.P!!arbitrate ndtes
whenthePnurtdIrritate isinaccess d$2,000,000 shallbeatitrdedanywhenag-eedtobybdhthe Orr nyaxltheIraredPratrdienpxsuerttothispdicyand
under the Rtes shall be timing cpm the pities Jet cpm the rendered by thePrbitrdcr(s)nay beetered in any oast d cc rpefet juisddicn
14.UABIUTYUMITED TOTHS PCLICY;PCIJCYB JI1FEOCNTRACT
(aphis pdicy tegdher with all etcbrssms ts,if any,dtadned to it by the angary is the entire pdicy ad ecrtrad between the Irared and the Oanpery.In
interpreting any probsai d this pd icy,this pdicy shall be omefn sd as a while
(b)Pry damd Tess cr damagethd arises at d thestdts d theTitle a lien d the Iraral Mc tgascr by any adiai asserting such damshall be restricted to this pdicy.
(c)Pry arty ct rid t d a exlasaiet to this pdicy nust be in writing and aatheticded by ar athaiad wan,a epressly it w puled by Sdrsct.leAC this pdicy.
(d)Each exlaser ant to this pdicy isslsd d any tine is nada a pat d this pdicy ad is aided jed to all d its terry ad praisers.Ecol as theetcbrserat
ecressly stdes,if doss rct(i)rrccIfy a-y cf t he tarrs ard praisicrs d the pdicy,(ii)milfy a-y picr Enclaserrert,(ii)edendtheE edRdicy,a(v)
ircreasethePrrurt d Irarar_e
15.SEVBRABIUTY
In the evet ay paisai d this pdicy,in while a in pert,is hdd irwalid a unefaeaable uxla-applicale law,the pdicy stroll bedeaTsd at to include that
praieaiasuch part hddtobeirrJalid but d dna praisers stroll rennininfUl faceand effect.
16.CHCICECF LAW,FCR JM
(a)Ondce d Lave:The bared adanaMedgss the Oxrpe y has uxlew itten the risks covered by this pd icy and deterrined the periund-aged thada in
reliaoecpmthelav dfedingirterestsinred prgoetyanddill icdletotheirtepretdiar,riots,rerEcfes,aefaceiatsd pdidesdtitle irarauedthe
juisddiai where the Lad is!ceded
TherefcmthecartaanabitrdashellapplythelavdthejuisddicnwhsretheLadisladedtodeterrinethevdidtydddnsa:irsttheTitleathelieh
dthe IraredMctgagethataeadverse totheIraredanitoirtepretadefacetheterrsdthispdicy.Inrathe-cueshell!theca.rtaatitrdcrapply
its caflidsd lav pirripxsdstodefaTrinetheappiedlelay.
(b)Oxiced Fcaxn Pry litigation a dna pxecsedrg bragt by the Irared against the Oorrpany neat be filed any in a stile a felaa cart within the
Lilted StilesdPrreicaaits teritaieshaving gpre idejuisddicn
17.NOTi CES,W CIE EBVT
Pry rxtice d damany dh a noticecr stdeTent in writing rsq_ired to Ice gym to the Oaipeny under this pdicy met begven tothe Oxpery d:
Chicago Title Irarar_eOaTpery,Pttn OdrrsCtpe the ,P.O Bac45023,Jackanville,Raids 322325023.
PLO-I.06.5 ONe-Page d 5
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708 Amount $4,000,000.00
Schedule A
Property Address: 501 N. FRONTAGE ROAD W., VAIL, CO 81657 - PARCEL 1 AND 2014 W. GORE CREEK DRIVE
#1 & 2, VAIL, CO 81657 -PARCEL 2 AND 281 METCALF ROAD, UNIT 211, AVON, CO
1. Policy Date: June 24, 2008 at 5:00 P.M.
2. Name of Insured:
ALPINE BANK, ITS SUCCESSORS AND/OR ASSIGNS
3. The estate or interest in the Land described or referred to in this Schedule and which is covered by this policy is:
A Fee Simple
4. Title to the estate or interest covered by this policy at the date hereof is vested in:
SONNENALP PROPERTIES, INC., A COLORADO CORPORATION AS TO PARCELS 1-3, AND
SPI GOLF INC., A COLORADO CORPORATION AS TO PARCEL 4
5. The mortgage, herein referred to as the insured mortgage, and the assignments thereof, if any are
described as follows:
SEE ATTACHED
6. The Land referred to in this policy is described asfollows:
SEE ATTACHED "EXHIBIT A" FOR LEGAL DESCRIPTION
This Policy Valid only if Schedule B is attached.
Land Title Guarantee Company
Representing Chicago Title Insurance Company
LTG Policy No. CTEJ50022708
Our Order No. VTF50022708
DCH BIT"A" LEG4L DO FM CN
PARCEL 1
A PORTION OF LOT 8, BLOCK 2, VAIL/POTATO PATCH, A SUBDIVISION RECORDED IN BOOK
233 AT PAGE 629, OF THE EAGLE COUNTY, COLORADO, CLERK AND RECORDER'S RECORDS,
SAID PORTION OF LAND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS;
BEGINNING AT THE SOUTHEASTERLY CORNER OF SAID LOT 8, WHICH IS A POINT ON THE
NORTHERLY RIGHT OF WAY LINE OF INTERSTATE HIGHWAY NO. 70; THENCE WESTERLY ALONG
SAID NORTHERLY RIGHT OF WAY LINE AN ARC DISTANCE OF 200.93 FEET ON A 3990.0
FOOT RADIUS CURVE TO THE LEFT, WHOSE CENTRAL ANGLE IS 2 DEGREES 53 MINUTES 07
SECONDS AND WHOSE CHORD BEARS SOUTH 82 DEGREES 36 MINUTES 28 SECONDS WEST A
DISTANCE OF 200.91 FEET; THENCE NORTH 0 DEGREES 07 MINUTES 12 SECONDS WEST A
DISTANCE OF 238. 85 FEET TO A POINT ON THE NORTHERLY BOUNDARY LINE OF SAID LOT
8; THENCE SOUTH 86 DEGREES 16 MINUTES 09 SECONDS EAST ALONG SAID NORTHERLY
BOUNDARY LINE A DISTANCE OF 199.74 FEET TO THE NORTHEASTERLY CORNER OF SAID LOT
8; THENCE SOUTH 0 DEGREES 07 MINUTES 12 SECONDS EAST ALONG THE EASTERLY
BOUNDARY LINE OF SAID LOT 8 A DISTANCE OF 200.00 FEET TO THE POINT OF
BEGINNING.
PARCEL 2
TOWNHOUSE UNITS NO. 1 AND 2, THE HAMLET, ACCORDING TO THE PLAT RECORDED OCTOBER
6, 1975 IN BOOK 242 AT PAGE 176 AND THE DECLARATION RECORDED SEPTEMBER 15,
1975 IN BOOK 241 AT PAGE 816, COUNTY OF EAGLE, STATE OF COLORADO.
PARCEL 3
CONDOMINIUM UNIT 211, METCALF COMMERCIAL PARK, ACCORDING TO THE CONDOMINIUM MAP
RECORDED OCTOBER 7, 1999 AT RECEPTION NO. 711398 AND AS DEFINED AND DESCRIBED
IN THE CONDOMINIUM DECLARATION RECORDED OCTOBER 7, 1999 AT RECEPTION NO.
711399, COUNTY OF EAGLE, STATE OF COLORADO.
PARCEL 4:
TRACTS B, C, D, E AND F, BERRY CREEK RANCH FILING NO. 2, ACCORDING TO THE
CORRECTED FINAL PLAT RECORDED MAY 24, 1979 IN BOOK 285 AT PAGE 861, COUNTY OF
EAGLE, STATE OF COLORADO.
AND
TRACT G, BERRY CREEK RANCH FILING NO. 2, ACCORDING TO THE AMENDED FINAL PLAT,
LOT 30, BLOCK 3 AND TRACT G, BERRY CREEK RANCH FILING NO. 2 RECORDED FEBRUARY
19, 1987 IN BOOK 457 AT PAGE 960, COUNTY OF EAGLE, STATE OF COLORADO.
AND
TRACTS B AND H, BERRY CREEK RANCH FILING NO. 3, ACCORDING TO THE RECORDED PLAT
THEREOF, COUNTY OF EAGLE, STATE OF COLORADO.
LTG Policy No. CTEJ50022708
Our Order No. VTF50022708
DCH BIT"A" LEG4L DESCR1 Pll CN
AND
TRACTS B, K, L AND N, BERRY CREEK RANCH, FILING NO. 4, ACCORDING TO THE
RECORDED PLAT THEREOF, COUNTY OF EAGLE, STATE OF COLORADO.
AND
TRACT C, A REPLAT OF LOT 1, BLOCK 1, AND TRACT C LOCATED IN BERRY CREEK
RANCH, FILING NO. 4, ACCORDING TO THE PLAT RECORDED APRIL 6, 1982 IN BOOK 338
AT PAGE 749, COUNTY OF EAGLE, STATE OF COLORADO.
AND
TRACT A, AMENDED PLAT TRACT A, BERRY CREEK RANCH FILING NO. 2, ACCORDING THE
TO THE PLAT RECORDED MARCH 30, 1987, IN BOOK 460 AT PAGE 78, COUNTY OF EAGLE,
STATE OF COLORADO.
AND
LOTS 1, 2, 3 AND 4, SINGLETREE CLUBHOUSE SUBDIVISION, ACCORDING TO THE PLAT
RECORDED MARCH 30, 1987 IN BOOK 460 AT PAGE 79, COUNTY OF EAGLE, STATE OF
COLORADO.
AND
TRACT A, BERRY CREEK RANCH FILING NO. 3, ACCORDING TO THE AMENDED FINAL PLAT,
LOT 22, BLOCK 3, BERRY CREEK RANCH FILING NO. 3 AND TRACT A, BERRY CREEK RANCH,
FILING NO. 4, RECORDED FEBRUARY 19, 1987 IN BOOK 457 AT PAGE 961, COUNTY OF
EAGLE, STATE OF COLORADO.
Our Order No. VTF50022708
5.The mortgage, herein referred to as the insured mortgage, and the assignments thereof, if any are
descri bed as fd I ows:
DEED OF TRUST DATED JUNE 09, 2008, FROM SONNENALP PROPERTIES, INC., A
COLORADO CORPORATION TO THE PUBLIC TRUSTEE OF EAGLE COUNTY FOR THE USE
OF ALPINE BANK TO SECURE THE SUM OF $4,000,000.00 RECORDED JUNE 24,
2008, UNDER RECEPTION NO. 200813225, AS TO PARCELS 1, 2 AND 3.
DEED OF TRUST DATED JUNE 09, 2008, FROM SPI GOLF, INC., A COLORADO
CORPORATION TO THE PUBLIC TRUSTEE OF EAGLE COUNTY FOR THE USE OF ALPINE
BANK TO SECURE THE SUM OF $4,000,000.00 RECORDED JUNE 24, 2008, UNDER
RECEPTION NO. 200813224, AS TO PARCEL 4.
NOTWITHSTANDING THE FACT THAT THE COMBINED TOTAL AMOUNT FOR THE DEEDS OF
TRUST INSURED HEREUNDER IS $8,000,000.00, THE LIABILITY OF THE COMPANY
UNDER THIS POLICY IS LIMITED TO $4,000,000.00.
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses)
which arise by reason of:
General Exceptions:
1. Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an
inspection of the Land of that may asserted by persons in possession of the Land.
2. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.
3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be
disclosed by an accurate and complete land survey of the Land and not shown by the Public Records.
4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and
not shown by the Public Records.
5. (a)Unpatented mining claims; (b)reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c)
water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the
Public Records.
6. ANY AND ALL TAXES AND ASSESSMENTS.
7. EXISTING LEASES AND TENANCIES, IF ANY.
8. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED AUGUST 15,
1935, IN BOOK 93 AT PAGE 178.
9. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER
CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON
RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL
STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF
INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE
EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW AS
CONTAINED IN INSTRUMENT RECORDED MARCH 05, 1974, IN BOOK 233 AT PAGE 628
AND AS AMENDED IN INSTRUMENT RECORDED SEPTEMBER 24, 1975, IN BOOK 241 AT
PAGE 950.
10. EASEMENTS, COVENANTS, CONDITIONS AND RESTRICTIONS, RESERVATIONS, AND NOTES
AS SHOWN OR RESERVED ON THE PLAT OF VAIL/POTATO PATCH RECORDED IN BOOK 233
AT PAGE 629.
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
11. RIGHT OF WAY EASEMENT AS GRANTED TO HOLY CROSS ELECTRIC ASSOCIATION, INC.
IN INSTRUMENT RECORDED JANUARY 20, 1983, IN BOOK 352 AT PAGE 391.
12. TERMS, CONDITIONS AND PROVISIONS OF DECLARATION OF COVENANTS, CONDITIONS
AND RESTRICTIONS FOR EMPLOYEE DWELLING UNITS RECORDED OCTOBER 26, 1992 IN
BOOK 592 AT PAGE 372.
13. TERMS, CONDITIONS AND PROVISIONS OF LEASES RECORDED SEPTEMBER 25, 1995 IN
BOOK 676 AT PAGE 831, ASSIGNMENT RECORDED DECEMBER 01, 1997 IN BOOK 744
AT PAGE 847, LEASE RECORDED OCTOBER 20, 1997 IN BOOK 740 AT PAGE 798 AND
CORRECTIVE SHORT FORM OF LEASE RECORDED DECEMBER 31, 2003 AT RECEPTION
NO. 863834.
14. TERMS, CONDITIONS AND PROVISIONS OF TYPE II EMPLOYEE HOUSING UNIT
RESTRICTIVE COVENANT RECORDED OCTOBER 15, 1998 AT RECEPTION NO. 672675
THROUGH 672680.
15. TERMS, CONDITIONS AND PROVISIONS OF NON-DISTURBANCE AGREEMENT RECORDED
OCTOBER 05, 2001 AT RECEPTION NO. 769248.
16. TERMS, CONDITIONS AND PROVISIONS OF EMPLOYEE HOUSING UNIT RESTRICTIVE
COVENANT RECORDED MARCH 31, 2004 AT RECEPTION NO. 872489.
(THE ABOVE ITEMS AFFECT PARCEL 1)
17. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED OCTOBER 04, 1918, IN BOOK 93
AT PAGE 15.
18. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED OCTOBER 04,
1918, IN BOOK 93 AT PAGE 15.
19. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JULY 07, 1965, IN BOOK 190 AT PAGE 561.
20. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RECORDED PLAT OF VAIL VILLAGE WEST FILING NO. 2.
21. TERMS, CONDITIONS AND PROVISIONS OF DECLARATION BUT OMITTING ANY COVENANTS
OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL
ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP,
NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE
STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR
RESTRICTION IS PERMITTED BY APPLICABLE LAW AS CONTAINED IN INSTRUMENT
RECORDED SEPTEMBER 15, 1975 IN BOOK 241 AT PAGE 816.
22. RIGHTS AND EASEMENTS FOR NAVIGATION AND FISHERY IN FAVOR OF THE PUBLIC
WHICH MAY EXIST OVER THAT PORTION OF SAID LAND LYING BENEATH THE WATERS OF
GORE CREEK.
23. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF THE HAMLET RECORDED OCTOBER 6, 1975 UNDER RECEPTION NO.
138296.
24. UTILITY EASEMENT AS GRANTED TO UPPER EAGLE VALLEY SANITATION DISTRICT IN
INSTRUMENT RECORDED SEPTEMBER 15, 1970, IN BOOK 218 AT PAGE 663.
25. TERMS, CONDITIONS AND PROVISIONS OF PARTY WALL AND EASEMENT AGREEMENTS BUT
OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR,
RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW AS CONTAINED
IN INSTRUMENT RECORDED APRIL 16, 1987 IN BOOK 461 AT PAGES 17, 18 AND 19.
(THE ABOVE ITEMS AFFECT PARCEL 2)
26. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED IN BOOK 128 AT PAGE 123.
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
27. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED IN BOOK 128 AT
PAGE 123.
28. TERMS, CONDITIONS, OBLIGATIONS AND EASEMENTS OR RIGHT OF WAY STIPULATIONS
AND LAND USE AND LIVING UNIT DENSITIES OF PROPERTY AS SHOWN ON PLATS
RECORDED RESPECTIVELY: FEBRUARY 27, 1974 IN BOOK 233 AT PAGE 566; AND
DECEMBER 26, 1974 IN BOOK 238 AT PAGE 41; AND AS AMENDED OCTOBER 1, 1976
IN BOOK 249 AT PAGE 93 AND AS AMENDED IN THE PLAT FILED SEPTEMBER 5, 1978
IN BOOK 274 AT PAGE 701.
29. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW AS CONTAINED
IN INSTRUMENT RECORDED APRIL 07, 1975, IN BOOK 239 AT PAGE 249 AND AS
AMENDED IN INSTRUMENT RECORDED APRIL 23, 1985 IN BOOK 411 AT PAGE 960 AND
AMENDMENT THERETO RECORDED FEBRUARY 7, 1990 IN BOOK 522 AT PAGE 721.
30. EASEMENT AND RIGHT OF WAY FOR SEWER LINE PURPOSES AS GRANTED TO UPPER EAGLE
VALLEY SANITATION DISTRICT IN INSTRUMENT RECORDED APRIL 3, 1980 IN BOOK
301 AT PAGE 84.
31. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF BENCHMARK AT BEAVER CREEK RECORDED FEBRUARY 27, 1974 UNDER
RECEPTION NO. 129460.
32. TERMS, CONDITIONS AND PROVISIONS OF ENCROACHMENT AGREEMENT RECORDED
FEBRUARY 29, 1996 IN BOOK 688 AT PAGE 933.
33. TERMS, CONDITIONS AND PROVISIONS OF UNDERGROUND RIGHT OF WAY EASEMENT
RECORDED JANUARY 31, 1997 IN BOOK 717 AT PAGE 581.
34. TERMS, CONDITIONS AND PROVISIONS OF RIGHT OF WAY EASEMENT RECORDED JANUARY
31, 1997 IN BOOK 717 AT PAGE 582.
35. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE CONDOMINIUM MAP OF METCALF COMMERCIAL PARK RECORDED OCTOBER 7, 1999 AT
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
RECEPTION NO. 711398.
36. THOSE PROVISIONS, COVENANTS AND CONDITIONS, EASEMENTS, AND RESTRICTIONS,
WHICH ARE A BURDEN TO THE CONDOMINIUM UNIT DESCRIBED IN SCHEDULE A, BUT
OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR,
RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW AS CONTAINED
IN INSTRUMENT RECORDED OCTOBER 07, 1999, AT RECEPTION NO. 711399.
(THE ABOVE ITEMS AFFECT PARCEL 3)
37. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 27, 1894, IN BOOK 48
AT PAGE 450.
38. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
39. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF BERRY CREEK RANCH FILING NO. 2, RECORDED MAY 24, 1979 IN BOOK
285 AT PAGE 861.
40. TERMS, CONDITIONS, STIPULATIONS AND OBLIGATIONS AS CONTAINED IN AND BURDENS
IMPOSED BY SUBDIVISION IMPROVEMENTS AGREEMENT BETWEEN BERRY CREEK
METROPOLITAN DISTRICT, A QUASI-MUNICIPAL CORPORATION, JUNE CREEK RANCH
COMPANY, A COLORADO JOINT VENTURE AND COUNTY OF EAGLE, STATE OF COLORADO
RECORDED MAY 24, 1979 IN BOOK 285 AT PAGE 860.
41. TERMS, CONDITIONS AND PROVISIONS OF AMENDED PLANNED UNIT DEVELOPMENT GUIDE
RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
42. TERMS, CONDITIONS AND PROVISIONS OF SEWER EASEMENT RECORDED JUNE 30, 2003
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
AT RECEPTION NO. 838587.
43. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 15, 1979, IN BOOK 282
AT PAGE 983.
44. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 15, 1979,
IN BOOK 282 AT PAGE 983.
45. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
46. TERMS, CONDITIONS, STIPULATIONS AND OBLIGATIONS AS CONTAINED IN AND BURDENS
IMPOSED BY SUBDIVISION IMPROVEMENTS AGREEMENT BETWEEN BERRY CREEK
METROPOLITAN DISTRICT, A QUASI-MUNICIPAL CORPORATION, JUNE CREEK RANCH
COMPANY, A COLORADO JOINT VENTURE AND COUNTY OF EAGLE, STATE OF COLORADO
RECORDED MAY 24, 1979 IN BOOK 285 AT PAGE 860.
47. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF BERRY CREEK RANCH, FILING NO. 2, RECORDED MAY 24, 1979 IN BOOK
285 AT PAGE 861.
48. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RESUBDIVISION PLAT OF LOT 30, BLOCK 3 AND TRACT G, BERRY CREEK RANCH
FILING NO. 2 RECORDED FEBRUARY 19, 1987 IN BOOK 457 AT PAGE 960.
49. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT RECORDED JANUARY 08, 1991 IN
BOOK 545 AT PAGE 337.
50. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
51. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RECORDED PLAT OF BERRY CREEK RANCH, FILING NO. 3.
52. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 30, 1914, IN BOOK 85
AT PAGE 68.
53. EASEMENT AND RIGHT-OF-WAY FOR ROAD MAINTENANCE PURPOSES AS GRANTED TO THE
COUNTY OF EAGLE, STATE OF COLORADO IN INSTRUMENT RECORDED FEBRUARY 27,
1980 IN BOOK 299 AT PAGE 327, AND AS SHOWN ON THE RECORDED PLAT.
54. TERMS, CONDITIONS AND PROVISIONS OF AMENDED PLANNED UNIT DEVELOPMENT GUIDE
RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
55. TERMS, CONDITIONS AND PROVISIONS CONTAINED IN SUBDIVISION IMPROVEMENTS
AGREEMENT RECORDED FEBRUARY 27, 1980 IN BOOK 299 AT PAGE 326.
56. TERMS, CONDITIONS AND PROVISIONS OF SEWER EASEMENT RECORDED JUNE 30, 2003
AT RECEPTION NO. 838587.
57. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT DEED RECORDED NOVEMBER 14,
1980 IN BOOK 312 AT PAGE 919.
58. TERMS, CONDITIONS AND PROVISIONS OF UNDERGROUND RIGHT OF WAY EASEMENT
RECORDED MARCH 25, 1981 IN BOOK 320 AT PAGE 585.
59. TERMS, CONDITIONS AND PROVISIONS OF MEMORANDUM OF TEMPORARY LICENSE
RECORDED OCTOBER 06, 1995 IN BOOK 677 AT PAGE 807.
60. TERMS, CONDITIONS AND PROVISIONS OF UNDERGROUND RIGHT OF WAY EASEMENT
RECORDED JUNE 26, 1997 IN BOOK 730 AT PAGE 549 AT RECEPTION NO. 626509.
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
61. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
62. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RECORDED PLAT OF BERRY CREEK RANCH FILING NO. 4.
63. TERMS, CONDITIONS AND PROVISIONS OF RESOLUTION NO. 88-13, BOARD OF COUNTY
COMMISSIONERS, COUNTY OF EAGLE, STATE OF COLORADO REGARDING ACCEPTANCE OF
ROADS RECORDED FEBRUARY 12, 1988 IN BOOK 478 AT PAGE 845.
64. EASEMENT AND RIGHT-OF-WAY FOR ROAD MAINTENANCE PURPOSES AS GRANTED TO THE
COUNTY OF EAGLE, STATE OF COLORADO IN INSTRUMENT RECORDED FEBRUARY 27,
1980 IN BOOK 299 AT PAGE 327, AND AS SHOWN ON THE RECORDED PLAT.
65. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 02, 1909, IN BOOK 48 AT
PAGE 538.
66. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 02, 1909,
IN BOOK 48 AT PAGE 538.
67. TERMS, CONDITIONS AND PROVISIONS OF APPROVAL OF PLANNED UNIT DEVELOPMENT
GUIDE RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
68. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT DEED RECORDED NOVEMBER 12,
1980 IN BOOK 312 AT PAGE 734.
69. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT DEED RECORDED NOVEMBER 12,
1980 IN BOOK 312 AT PAGE 732.
70. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
71. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RECORDED PLAT OF BERRY CREEK RANCH, FILING NO. 4.
72. TERMS, CONDITIONS AND PROVISIONS OF RESOLUTION NO. 88-13, BOARD OF COUNTY
COMMISSIONERS, COUNTY OF EAGLE, STATE OF COLORADO REGARDING ACCEPTANCE OF
ROADS RECORDED FEBRUARY 12, 1988 IN BOOK 478 AT PAGE 845.
73. EASEMENT AND RIGHT-OF-WAY FOR ROAD MAINTENANCE PURPOSES AS GRANTED TO THE
COUNTY OF EAGLE, STATE OF COLORADO IN INSTRUMENT RECORDED FEBRUARY 27,
1980 IN BOOK 299 AT PAGE 327, AND AS SHOWN ON THE RECORDED PLAT.
74. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 02, 1909, IN BOOK 48 AT
PAGE 538.
75. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 02, 1909,
IN BOOK 48 AT PAGE 538.
76. TERMS, CONDITIONS AND PROVISIONS OF APPROVAL OF PLANNED UNIT DEVELOPMENT
GUIDE RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
77. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RESUBDIVISION PLAT OF LOT 1, BLOCK 1, AND TRACT C LOCATED IN BERRY
CREEK RANCH, FILING NO. 4 RECORDED APRIL 6, 1982 IN BOOK 338 AT PAGE 749.
78. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 27, 1894, IN BOOK 48
AT PAGE 450.
79. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
80. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF BERRY CREEK RANCH FILING NO. 2, RECORDED MAY 24, 1979 IN BOOK
285 AT PAGE 861.
81. TERMS, CONDITIONS, STIPULATIONS AND OBLIGATIONS AS CONTAINED IN AND BURDENS
IMPOSED BY SUBDIVISION IMPROVEMENTS AGREEMENT BETWEEN BERRY CREEK
METROPOLITAN DISTRICT, A QUASI-MUNICIPAL CORPORATION, JUNE CREEK RANCH
COMPANY, A COLORADO JOINT VENTURE AND COUNTY OF EAGLE, STATE OF COLORADO
RECORDED MAY 24, 1979 IN BOOK 285 AT PAGE 860.
82. TERMS, CONDITIONS AND PROVISIONS OF AMENDED PLANNED UNIT DEVELOPMENT GUIDE
RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
83. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE AMENDED PLAT OF TRACT A, BERRY CREEK RANCH FILING NO. 2 RECORDED MARCH
30, 1987 IN BOOK 460 AT PAGE 78.
84. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED MAY 04, 1906, IN BOOK 69 AT
PAGE 205.
85. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED MAY 04, 1906,
IN BOOK 69 AT PAGE 205.
86. TERMS, CONDITIONS AND PROVISIONS OF UNDERGROUND RIGHT OF WAY EASEMENT AS
GRANTED TO HOLY CROSS ELECTRIC ASSOCIATION, INC. RECORDED MARCH 16, 1981
IN BOOK 320 AT PAGE 72.
87. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 337.
88. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF BERRY CREEK RANCH FILING NO. 2 RECORDED MAY 24, 1979 IN BOOK
285 AT PAGE 861.
89. TERMS, CONDITIONS AND PROVISIONS OF AMENDED PLANNED UNIT DEVELOPMENT GUIDE
RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
90. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE PLAT OF SINGLETREE CLUBHOUSE SUBDIVISION RECORDED MARCH 30, 1987 IN
BOOK 460 AT PAGE 79.
91. TERMS, CONDITIONS AND PROVISIONS OF SEWER EASEMENT RECORDED JUNE 30, 2003
AT RECEPTION NO. 838587.
92. TERMS, CONDITIONS AND PROVISIONS OF CONVEYANCE OF PARKING EASEMENT RECORDED
NOVEMBER 30, 1994 IN BOOK 656 AT PAGE 188.
93. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE,
BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE,
COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS,
DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS
SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT
SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED
IN INSTRUMENT RECORDED JUNE 14, 1995, IN BOOK 669 AT PAGE 377.
94. TERMS, CONDITIONS AND PROVISIONS OF AMENDED PLANNED UNIT DEVELOPMENT GUIDE
RECORDED NOVEMBER 7, 2003 AT RECEPTION NO. 857084.
95. TERMS, CONDITIONS AND PROVISIONS CONTAINED IN SUBDIVISION IMPROVEMENTS
AGREEMENT RECORDED FEBRUARY 27, 1980 IN BOOK 299 AT PAGE 326.
96. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RECORDED PLAT OF BERRY CREEK RANCH, FILING NO. 3.
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - I
97. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE RECORDED PLAT OF BERRY CREEK RANCH, FILING NO. 4.
98. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE
THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES
AS RESERVED IN UNITED STATES PATENT RECORDED MAY 4, 1906, IN BOOK 69 AT
PAGE 205.
99. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE
UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED MAY 04, 1906,
IN BOOK 69 AT PAGE 205.
100. A PERMANENT EASEMENT TOGETHER WITH THE RIGHT OF INGRESS AND EGRESS AS
GRANTED TO BERRY CREEK METROPOLITAN DISTRICT IN EASEMENT DEED RECORDED
SEPTEMBER 10, 1981 IN BOOK 328 AT PAGE 709.
101. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON
THE FINAL PLAT OF LOT 22, BLOCK 3, BERRY CREEK RANCH FILING NO. 3 AND
TRACT A, BERRY CREEK RANCH FILING NO. 4 RECORDED FEBRUARY 19, 1987 IN BOOK
457 AT PAGE 961.
102. UTILITY EASEMENT AS GRANTED TO COLORADO-UTE ELECTRIC ASSOCIATION INC. IN
INSTRUMENT RECORDED IN BOOK 182 AT PAGE 209.
103. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT DEED RECORDED NOVEMBER 12,
1980 IN BOOK 312 AT PAGE 733.
NOTE: THE ABOVE ITEMS AFFECT PARCEL 4 ONLY.
LTG Policy No. CTEJ50022708
Form AL/CHI
Chicago Policy No. 72307-40043875
Our Order No. VTF50022708
Schedule B - II
In addition to the matters set forth in Part I of this Schedule, the title to the estate or interest in the land
described or referred to in Schedule A is subject to the following matters, if any be shown, but the Company insures
that the lien or charge of the insured mortgage upon said estate or interest is prior to such matters.
DEED OF TRUST DATED MARCH 24, 2006 FROM SONNENALP PROPERTIES, INC., A
COLORADO CORPORATION TO THE PUBLIC TRUSTEE OF COUNTY FOR THE USE OF ALPINE
BANK TO SECURE THE SUM OF $7,500,000.00, AND ANY OTHER AMOUNTS PAYABLE
UNDER THE TERMS THEREOF, RECORDED MARCH 31, 2006, UNDER RECEPTION NO.
200608024.
SUBORDINATION AGREEMENT IN CONNECTION WITH SAID DEED OF TRUST WAS RECORDED
JUNE 24, 2008, UNDER RECEPTION NO. 200813223.
(AFFECTS PARCELS 1, 2 AND 3)